.8 percentage points. Such impact is especially strong among the more vulnerable elder parents with worse health and little pension …

corporate net lending determinants. We disentangle the effects of the profit share on corporate saving and investment and …

-age consumption is financed with voluntary savings, even in the presence of a fairly generous public pension system. This is clearly …

savings relative to pay-as-you go systems. Our results indicate that more wealth should be transferred from the young to the … old generation and that ageing makes a transfer via pay-as-you-go pension relatively more attractive. In optimum, the … implicit return on a pay-as-you-go system and the interest rate on savings should be equal to the growth rate of the economy …

Housing and family are prominent aspects of old age, but how they shape the elderly's savings, spending, and inter … savings behavior of homeowners and renters, the puzzling similarities in the bequests of parents and childless individuals …